The company, which owns brands such as Holiday Inn and Crowne Plaza, informed its employees that it is commencing the first step of a collective consultation on February 6.

Companies usually enter collective consultation when they are looking to change 20 or more roles within a company. The more than 600 IHG workers are now being given the chance to nominate a representative for the next stage of the consultation.

Speaking to newspaper Getwestlondon, a spokesman said: “[The company] talked last year about accelerating our growth rate, we have had a strong few years and it’s all about continuing to accelerate that rate. We are focusing on making sure we’re dynamic and we’re structured in the right way to help us get there.